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04 Jan 2024, 09:25
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Johnson: $14 Mn.
Hartgo: $8 Mn.
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
35%
(medium)
Question Stats:
74% (02:25) correct
26%
(02:49)
wrong
based on 427
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Data Insights (DI) Butler 2023-24 [Question #184, Date: Jan-04-2024] [Click here for Details]
Johnson LLC and Hartgo LLC are both subsidiaries of Jackson Inc. In one financial year, both Johnson and Hartgo suffered losses. The loss suffered by Johnson, as a percentage of its revenue, was 12%. The loss suffered by Hartgo, as a percentage of its revenue, was 23%. The loss suffered by Jackson through Johnson and Hartgo, as a percentage of the total revenues earned by the two subsidiaries, was 16%.
Select for Johnson and Hartgo, the possible respective revenue of each subsidiary, consistent with the information provided above. Make only two selections, one in each column.
| Johnson | Hartgo | |
| $8 Mn. | ||
| $10 Mn. | ||
| $12 Mn. | ||
| $14 Mn. | ||
| $16 Mn. |
ShowHide Answer
Official Answer
Johnson: $14 Mn.
Hartgo: $8 Mn.
07 Jan 2024, 04:26
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Sajjad1994
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23 Jan 2024, 10:56
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(-0.12)x+ (-0.23)y=(-0.16)(x+y)
x = revenue of johnson
y =revenue of hartgo
final equation 0.12x+0.23y=0.16(x+y)
solve this
get x/y=7/4
multiple by 2 get the answers thats it
x = revenue of johnson
y =revenue of hartgo
final equation 0.12x+0.23y=0.16(x+y)
solve this
get x/y=7/4
multiple by 2 get the answers thats it
